Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    NW Waring Rd, GA

    • Warehouses
    • 8,000 SF
    • 3.75 lot acres
    OFF-MARKET
    Last Sale
    Dec 03, 2021
    Value Estimations
    $280,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3680310
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for NW

    Year built
    1975
    Lot size
    3.75 lot acres
    Property size
    8,000 SF
    Property type
    Warehouses
    APN
    12-047-26-000
    APU
    1204726000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $280,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Waring Rd
    County
    Whitfield
    State
    Georgia
    Longitude
    -84.9765
    Latitude
    34.8411
    CBSA code
    19140
    CBSA name
    DALTON, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,883
    $15,998
    $52,390
    $68,388
    -
    $39,995
    $130,976
    $170,971

    Comparable in this City

    • Value Estimation
      $290,000
      3,060 SF

      Seventh Ave, GA

      WAREHOUSE, STORAGE • 3,060 SF
      Seventh Ave, GA
      View Details
    • Value Estimation
      $160,000
      1,200 SF

      NW

      MINI-WAREHOUSE, STORAGE • 1,200 SF
      NW, Baker St, GA
      View Details
    • Value Estimation
      $265,000
      4,750 SF

      4710 Kirkland Cir

      STORAGE YARD, OPEN STORAGE • 4,750 SF
      4710 Kirkland Cir, Norcross, GA
      View Details
    • Value Estimation
      $235,000
      1,200 SF

      5877 Hwy 41

      MINI-WAREHOUSE, STORAGE • 1,200 SF
      5877 Hwy 41, S, GA
      View Details
    • Value Estimation
      $815,000
      60,628 SF

      Rosen Dr, GA

      WAREHOUSE, STORAGE • 60,628 SF
      Rosen Dr, GA
      View Details
    • Value Estimation
      $365,000
      18,420 SF

      Veribest Rd, GA

      MINI-WAREHOUSE, STORAGE • 18,420 SF
      Veribest Rd, GA
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      62,748 SF

      Industrial Facility with Expandable Building

      62,748 SF industrial facility expandable up to 60,000 SF.
      100 Mkda Way, Griffin, GA
      View Details
    • Contact for pricing
      229 SF

      Industrial Space Available for Sublease

      Industrial property with 48,333-96,827 SF available for sublease.
      4099 Old Dixie Hwy, GA
      View Details
    • Contact for pricing
      40,700 SF

      Warehouse with Security Vault

      40,700 square foot warehouse featuring a security vault.
      125 Old Monroe Rd, Bogart, GA
      View Details
    • $10,800,000
      235,531 SF

      Interconnected Buildings with Expansion Potential

      235,531± SF industrial property featuring two interconnected buildings.
      206 Matthews St, Barnesville, GA
      View Details
    • $15,950,000
      243,240 SF

      Waynesboro Warehouse and Distribution Facility

      Class A warehouse with easy access to major highways.
      1 Evercare Way, Waynesboro, GA
      View Details
    • $1,375,000
      5,000 SF

      Warehouse/Distribution Property in Cumming Area

      18,000 sq ft industrial/warehouse/distribution space in Cumming, GA.
      4865 Warehouse Way, Cumming, GA
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      97,092 SF

      Industrial Space Available For Lease

      Industrial space available ranging from 27,790 SF - 97,092 SF.
      5356 Hwy, Forest Park, GA
      View Details
    • Contact for pricing
      501,387 SF

      Spacious Industrial Property in Auburn

      Large 501,387 SF warehouse/distribution space available for lease.
      1275 Barrow Industrial Pkwy, Auburn, GA
      View Details
    • Contact for pricing
      122,000 SF

      Cartersville Warehouse with Spec Office

      Move-in ready warehouse with spec office and expansion potential.
      70 Business Park Ct NW, Cartersville, GA
      View Details
    • Contact for pricing
      199,680 SF

      Gainesville Warehouse Space Available

      199,680 square foot warehouse space for rent in Gainesville.
      1850 Fulenwider Rd, Gainesville, GA
      View Details
    • Contact for pricing
      1,112,110 SF

      Proposed Rincon Distribution Warehouse

      Proposed 1,112,106 SF distribution warehouse with extensive parking.
      1301 Logistics Pkwy, Rincon, GA
      View Details
    • Contact for pricing
      284,580 SF

      New Savannah Warehouse Delivering Soon

      284,580 SF rear-load warehouse in master-planned industrial park.
      Warehouse Dr, Savannah, GA
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    NW
    Waring Rd, GA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.